Always say goodbye to overstocking, just do the following: 💹💹💹 Playing contracts in the cryptocurrency circle, the collapse of positions is not accidental, it is all caused by operational errors! To survive in this cruel market for the long term, it is essential to remember the following points: 1. Low leverage, light position, refuse high stakes gambling Novices must choose 3-5 times leverage, and experienced players should not easily open high leverage of more than 10 times. At the same time, strictly control the position within 20-30% of the total funds, only in this way can the funds not be instantly cleared in the face of severe market fluctuations. 2. Set stop loss and leave decisively Before opening a position, it is necessary to determine the stop loss point, which is usually set within the range of 3-5% of the opening price. Once the direction is judged incorrectly, immediately give up and leave the field. Resisting orders will only continue to expand losses until the position is liquidated. 3. Focus on strong parity and provide rational insurance coverage Pay close attention to the strong parity of the contract, as once it approaches this price, the risk is extremely high. If the funds are sufficient, the margin can be supplemented appropriately, but it is not advisable to blindly increase positions, otherwise it will only accelerate the speed of liquidation. 4. Stay calm and go with the flow After losing money, the thought of turning the tables is 99% likely to result in even greater losses. Be sure to operate in accordance with market trends and not go against the trend in volatile and one-sided market conditions. Going against the trend and increasing positions is undoubtedly a self destructive path. 5. Clever use of hedging to reduce risk If holding BTC for a long time, hedging orders can be opened appropriately based on market conditions. If you hold BTC and are bearish in the short term, you can open short positions to hedge and reduce losses. 6. Stay away from demonic coins and use leverage with caution The price fluctuations of small currencies are extremely large, which can easily lead to liquidation, while mainstream currencies (BTC, ETH) are relatively more stable. When there is an extreme market trend (sudden rise and fall), it is important to avoid high leverage and avoid losing money. 7. Build warehouses in batches to diversify risks Don't invest all at once, instead choose to build warehouses in batches and gradually increase the space. In this way, even if the market experiences severe fluctuations, there is still room to adjust funds and strategies, so as not to directly liquidate positions. Remember, heavy positions, resistance to orders, and impulsive actions are the most taboo in contract trading. As long as we strictly control our positions, set stop losses, and use leverage reasonably, we can steadily move forward in the cryptocurrency contract market. BTC